Bitcoin remains steady at $103,000 while altcoins are underperforming, prompting traders to take measures to protect against potential losses. The cryptocurrency market is experiencing a divergence, with Bitcoin showing resilience amid a broader trend of altcoin weakness. Traders are increasingly cautious, employing hedging strategies to mitigate risks associated with market volatility. This shift in focus highlights the ongoing challenges faced by altcoins, which are struggling to gain traction as Bitcoin maintains its position. Overall, the current market dynamics reflect a cautious sentiment among traders as they navigate the complexities of the cryptocurrency landscape.
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